Lazard Ltd (LAZ) — Cash Flow Reinvestment Rate
Lazard Ltd (LAZ) has a Cash Flow Reinvestment Rate of 0.14x as of September 2025, reinvesting $40.45 Million (capex $25.51 Million plus investments $-14.94 Million) from operating cash flow of $287.47 Million. Explore LAZ capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Lazard Ltd Cash Flow Reinvestment Rate (2003–2024)
Historical reinvestment intensity for Lazard Ltd across 22 annual periods. Also explore Lazard Ltd assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Lazard Ltd (2003–2024)
Year-by-year capital reinvestment analysis for Lazard Ltd. For live market cap and broader valuation context, see Lazard Ltd (LAZ) total market value.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.24x | $179.57 Million | $742.83 Million | $45.50 Million | ▼ -51.6% |
| 2023 | 0.50x | $82.19 Million | $164.66 Million | $28.30 Million | ▲ +292.9% |
| 2022 | 0.13x | $105.95 Million | $833.98 Million | $49.51 Million | ▲ +39.7% |
| 2021 | 0.09x | $78.75 Million | $866.08 Million | $39.70 Million | ▼ -58.8% |
| 2020 | 0.22x | $127.22 Million | $575.93 Million | $64.29 Million | ▲ +76.2% |
| 2019 | 0.13x | $85.00 Million | $677.95 Million | $42.76 Million | ▼ -8.5% |
| 2018 | 0.14x | $95.80 Million | $699.04 Million | $49.59 Million | ▲ +158.4% |
| 2017 | 0.05x | $54.59 Million | $1.03 Billion | $27.67 Million | ▼ -56.1% |
| 2016 | 0.12x | $76.40 Million | $632.60 Million | $38.75 Million | ▲ +302.4% |
| 2015 | 0.03x | $26.63 Million | $887.30 Million | $26.63 Million | ▼ -0.4% |
| 2014 | 0.03x | $22.18 Million | $736.02 Million | $22.18 Million | ▼ -74.0% |
| 2013 | 0.12x | $60.96 Million | $526.70 Million | $60.96 Million | ▼ -37.5% |
| 2012 | 0.19x | $89.30 Million | $481.91 Million | $89.30 Million | ▲ +58.7% |
| 2011 | 0.12x | $46.44 Million | $397.80 Million | $46.44 Million | ▼ -94.9% |
| 2010 | 2.29x | $386.62 Million | $168.80 Million | $13.38 Million | ▲ +4606.1% |
| 2009 | 0.05x | $11.91 Million | $244.78 Million | $11.91 Million | ▲ +33.0% |
| 2008 | 0.04x | $18.51 Million | $505.89 Million | $18.51 Million | ▼ -81.9% |
| 2007 | 0.20x | $14.53 Million | $71.73 Million | $14.53 Million | ▲ +488.4% |
| 2006 | 0.03x | $8.19 Million | $238.04 Million | $8.19 Million | ▲ +293.5% |
| 2005 | 0.01x | $7.82 Million | $893.60 Million | $7.82 Million | ▼ -80.4% |
| 2004 | 0.04x | $19.01 Million | $426.28 Million | $19.01 Million | ▼ -83.6% |
| 2003 | 0.27x | $56.23 Million | $206.52 Million | $56.23 Million | — |